Morning Matters:

Morning Matters Portfolio Updateby Geoff Garbacz

For 2018, the S&P 500 is higher by 2.36% for 2018. So far this year the Morning Matters Portfolio is higher by 2.39%. The Russell 2000 is higher for the year by 11.45%. The Nasdaq Composite is now above 7500 since our last update. The Dow is above 24000 since our last update. February and March were VERY volatile months and April continued that trend. May calmed down as did June.
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Today's Superstock Investor Stock Scorecard:

PHILIP MORRIS INTL INC (PM)by Superstock Investor

In reviewing our screen of what we call "the bottom fishers" we find that Philip Morris (PM) is lower over the last two years and is down from a peak of over $120 to its current price of $82.03. So wee need to see where we are in relation to the price target and upper and lower bound.
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Articles That Matter:

ADP Payroll Misses Expectationsby Geoff Garbacz

ADP Payrolls missed expectations because there are not enough workers to fill jobs. If that is really the case, then wage pressure is about to become an issue and that is what killed the market in February. Pay attention to the jobs data at 8:30 a.m. EDT.
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